O’Reilly Automotive, Inc. $ORLY Shares Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,420.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 875,716 shares of the specialty retailer’s stock after buying an additional 818,112 shares during the period. O’Reilly Automotive comprises approximately 1.8% of CENTRAL TRUST Co’s investment portfolio, making the stock its 12th biggest position. CENTRAL TRUST Co owned approximately 0.10% of O’Reilly Automotive worth $78,928,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its holdings in shares of O’Reilly Automotive by 14.4% in the 1st quarter. Allworth Financial LP now owns 636 shares of the specialty retailer’s stock worth $860,000 after acquiring an additional 80 shares during the last quarter. Alps Advisors Inc. boosted its position in shares of O’Reilly Automotive by 52.8% in the 1st quarter. Alps Advisors Inc. now owns 443 shares of the specialty retailer’s stock valued at $635,000 after purchasing an additional 153 shares during the period. Diversify Wealth Management LLC purchased a new position in O’Reilly Automotive in the 1st quarter worth about $208,000. TruNorth Capital Management LLC acquired a new stake in O’Reilly Automotive during the 1st quarter worth about $59,000. Finally, Pittenger & Anderson Inc. purchased a new stake in O’Reilly Automotive during the first quarter valued at about $208,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several analyst reports. Truist Financial set a $109.00 target price on shares of O’Reilly Automotive in a research report on Friday, October 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. TD Cowen lifted their price objective on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. JPMorgan Chase & Co. increased their target price on O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Finally, Citigroup raised their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $111.89.

Insider Activity

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares in the company, valued at $752,375. The trade was a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 92,205 shares of company stock worth $9,423,501 in the last three months. 1.01% of the stock is owned by insiders.

O’Reilly Automotive Stock Up 1.0%

ORLY stock opened at $98.10 on Tuesday. The company has a 50 day moving average of $101.82 and a two-hundred day moving average of $97.00. The company has a market cap of $83.24 billion, a price-to-earnings ratio of 33.98, a PEG ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.02. The business had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.O’Reilly Automotive’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company earned $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.